Quick Tip: Real Estate Outsourcing Do's and Don'ts
The future of Real Estate is in Outsourcing. More and more real estate agencies are moving their administration offshore. Some do it to save office space, some to save costs, and some to improve the efficiency of their Agents and Property Managers. Whatever the reason, offshoring is clearly working in their favor. If you’re thinking of going global, here are a few do’s and dont’s to keep in mind.
DON'T think of outsourcing as a band-aid
Outsourcing is not a short-term fix. The next-generation business model is a global one. Keep core positions onshore and offshore repetitive and time-consuming administrative tasks to improve your quality of life and the quality of your service.
DO use outsourcing to expand your business
Moving admin offshore allows you to expand your talent pool for half the cost of doing it onshore. Outsourcing is best described by Fabio Rosati, CEO of Elance, one of the largest freelance job boards, as “a new leaner way to start and grow your company with a lot less overhead”.
DON'T outsource key positions
Keep management and other core employees onshore. Your decision-makers are crucial to the growth of your business. Agents and Property Managers interact and build client relationships daily. Outsource only their admin tasks so they can focus on more income-generating activities.
DO outsource admin tasks
At least 2 weeks of your Agents and Property Managers time per month is wasted on performing non-dollar admin tasks. Imagine how much more they can do with that time if you outsource those tasks offshore.
DON'T expect outsourced workers to function completely on their own
For your offshore team to function well, you have to put great importance into their training. Teach them how exactly you want things done. Treat them like how you would your onshore staff so they can provide service fit to your expectations.
DO choose an outsourcing provider with Real Estate expertise
There are a number of outsourcing providers out there but only a few have experience with Real Estate. Don’t just go for the lowest bidder, choose a service provider that understands your business needs. If you’re looking to move your property management, sales, marketing, finance, and data migration offshore, we at Universal Property Systems can help. For the past 6 years, we’ve improved the quality of life and service of clients across Australia and New Zealand. We’ve saved them hours of admin work each month and helped them scale up not only their talent pool but also their profits.
If you think you’re ready to take the leap, give us a call at 1300 855 111 or email us at email@example.com.
The future is global, the future is UPS. Partner with us now!